Horton d r inc /de/ (DHI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Jun'09
Revenues

4,500

4,020

5,038

4,906

4,128

3,519

4,505

4,435

3,794

3,332

4,159

3,776

3,251

2,904

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Revenue

3,450

3,084

3,881

3,831

3,256

2,751

3,459

3,397

2,961

2,580

3,263

2,961

2,549

2,267

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory and land option charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

0

1

12

9

14

8

30

30

2

1

-

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

160

-

104

-

127

206

159

188

-

Selling, general and administrative expense

466

455

505

480

444

402

456

434

400

384

416

374

355

325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in earnings of unconsolidated entities

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of assets

28

31

0

22

29

2

4

0

1

13

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

0

3

-4

19

-6

6

7

-

-

-

-

-

-

-

-

-

(Gain) loss on early retirement of debt, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-0

-6

-2

-1

-

-

-

-

-

Other (income) expense

10

11

7

9

5

8

11

13

11

9

6

3

7

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

621

523

660

626

462

375

607

616

444

391

485

444

353

318

433

378

300

241

338

333

230

220

250

171

201

189

202

205

142

107

99

72

42

29

33

28

-30

-19

-1

46

12

42

-163

Income tax expense

137

90

156

153

108

89

138

162

94

202

172

155

124

111

149

128

105

83

99

112

82

78

84

58

70

66

63

59

31

41

-1

-715

1

1

-1

0

-58

0

7

-4

0

-149

-19

Net income

484

432

503

473

354

286

469

453

350

188

313

289

229

206

283

249

195

157

238

221

147

142

166

113

131

123

139

146

111

66

100

787

40

27

35

28

27

-20

-8

50

11

192

-

Net income (loss) attributable to noncontrolling interests

1

1

-1

-1

3

-0

2

-0

-0

-0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to D.R. Horton, Inc.

482

431

505

474

351

287

466

453

351

189

313

289

229

206

283

249

192

158

-

-

-

-

166

113

131

123

139

147

111

66

100

787

40

27

-

28

-

-20

-

-

-

-

-143

Net change in unrealized gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-0

0

-

0

-

-0

-

-

-

-

-

Basic net income per common share attributable to D.R. Horton, Inc. (in dollars per share)

1.32

1.17

1.37

1.28

0.94

0.77

1.25

1.20

0.93

0.50

0.84

0.77

0.61

0.55

0.76

0.67

0.53

0.43

0.00

0.60

0.40

0.39

0.47

0.32

0.40

0.38

0.43

0.45

0.35

0.21

0.32

2.47

0.13

0.09

0.11

0.09

0.09

-0.06

-0.03

0.16

0.04

0.60

-0.45

Weighted average number of common shares

365

368

369

372

373

375

376

377

376

375

-

374

374

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net income per common share attributable to D.R. Horton, Inc. (in dollars per share)

1.30

1.16

1.35

1.26

0.93

0.76

1.23

1.18

0.91

0.49

0.83

0.76

0.60

0.55

0.76

0.66

0.52

0.42

0.00

0.60

0.40

0.39

0.44

0.32

0.38

0.36

0.39

0.42

0.32

0.20

0.33

2.22

0.13

0.09

0.11

0.09

0.09

-0.06

-0.03

0.16

0.04

0.56

-0.45

Adjusted weighted average number of common shares

370

373

374

376

377

380

382

383

383

383

-

379

378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.10

0.10

0.10

-

0.08

0.08

0.08

0.00

0.06

0.06

0.06

0.06

0.03

0.03

0.00

0.00

0.00

0.00

0.18

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.03

Homebuilding [Member]
Home sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,118

2,686

2,340

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land/lot sales and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

15

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real Estate Revenue, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,148

2,701

2,361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Home sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,486

2,151

1,874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land/lot sales and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

12

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory and land option charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

6

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,523

2,169

1,892

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Home sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

632

534

466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land/lot sales and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

3

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

625

531

468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

279

257

243

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

7

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

348

281

229

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Services [Member]
Financial Services Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

66

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

51

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

18

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Securities [Member]
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amount reclassified from accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-